Tag: Indian automotive industry

Mitsubishi's exit from India left fans and buyers puzzled, especially after the legendary Pajero and Lancer became household names. This article breaks down the real reasons behind Mitsubishi halting its operations in India, from stiff competition and outdated models to dealer network issues. It also looks at how government policies and changing consumer tastes played a part. You’ll find interesting tidbits about what went wrong and what might have saved them. If you’re curious about the business side of cars, this one’s for you.

In recent years, the car market in India has faced significant challenges, resulting in a marked decline in sales. This article explores the factors contributing to this downturn, including economic conditions, consumer preferences, and policy impacts. It also looks into the effects of rising fuel prices and increasing popularity of alternative transportation modes. With a deeper understanding of the market trends, we can uncover potential strategies for manufacturers to adapt and thrive.